The ECOWAS Bank for Investment and Development (EBID) and Afriland First Bank Côte d’Ivoire S.A. signed a loan agreement on May 20, 2026, at the Bank’s headquarters in Lomé, Togo, for an amount of ten billion (10,000,000,000) FCFA to strengthen private sector financing and accelerate economic transformation in Côte d’Ivoire.
The facility will support the growing short- and medium-term financing needs of micro, small and medium-sized enterprises (MSMEs) and mid-sized companies operating in strategic sectors such as health, education, agro-industry, manufacturing, trade, construction, services, and technology. By improving access to tailored financing solutions, the partnership seeks to unlock productive capacity, stimulate entrepreneurship, and enhance the competitiveness of local enterprises.
Speaking at the signing ceremony, Dr. George Agyekum Donkor, President and Chairman of the Board of Directors of EBID, stated: “This partnership reflects EBID’s continued commitment to strengthening the private sector as a catalyst for sustainable growth, industrial development, and regional integration. By supporting businesses with the financing required to scale operations, innovate, and create jobs, we are investing in the long-term resilience and competitiveness of West African economies.”
